Question
The linear equation Y = a + bX is often used to express cost formulas. In this equation: Answers: A) the b term represents variable
The linear equation Y = a + bX is often used to express cost formulas. In this equation:
Answers:
A) the b term represents variable cost per unit of activity
B) the a term represents variable cost in total
C) the X term represents total cost
D) the Y term represents total fixed cost
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Auditing and Assurance services an integrated approach
Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley
14th Edition
133081605, 132575957, 9780133081602, 978-0132575959
